TSE:FTS

Fortis Inc. (FTS.TO)

82.38
+1.12 (1.38%)
as of Jul 22, 2026, 5:11:26 pm Market Open.
1459 watching
0
Investor Insights
star iconJul 22, 2026, 12:00 am

This summary was created by AI, based on 8 opinions in the last 12 months.

Fortis Inc. (FTS-T) is recognized as a solid utility investment, particularly appealing for income-focused investors due to its reliable dividend, which is projected to grow over the coming years. Analysts highlight the company's core utility operations, underscored by a substantial $26 billion capital plan aimed at increasing its rate base by 6.5% annually through 2029. While Fortis is not perceived as an exciting growth stock, its expected total returns in the range of 8-10% annually make it a durable option in the utility sector. The company is strategically positioned, with a significant portion of its earnings derived from U.S. regions poised for data center expansions. Analysts generally advise patience for potential pullback opportunities before initiating new buys, reflecting a cautious yet favorable outlook for long-term investors.

consensus icon
Consensus
Hold
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Valuation
Fair Value
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Similar
BIP.UN
BUY
If you are going to own equities through a difficult economy and market, yield is something you should look at. There are a bunch of companies in the Canadian market that have hung on pretty well. Look at TransCanada (TRP-T), Transalta (TA-T), Fortis (FTS-T) or an Enbridge (ENB).
BUY ON WEAKNESS
Have had a good growth profile for quite awhile. Stock is in a channel on an upward trend. Short-term momentum indicators are saying the stock is a little bit ahead of itself so you might see it back off a little. Try to buy at its support level of around $27.91.
DON'T BUY
Hasn't liked utilities for some time. Given the weakness in interest rates, the stocks have done very well, but he has difficulty in paying 18X or 19X earnings for a yield.
TOP PICK
One of the best utility managements in Canada. Has the feeling that they are just about set to roll again. Yield of 3.5% is not bad.
BUY
Nice defensive name with a decent dividend yield. Trades at reasonable earnings. Can be somewhat illiquid. Well diversified.
TOP PICK
3.1% yield. A very seasonal business. An excellent long term play on western Canadian resource strength. Great management.
BUY
This is a great time to be looking at utilities in general. They don't have a lot of growth, but are sensitive to interest rate movements. US is starting to lower interest rates.
BUY
He owns it and has been adding to it. Hold if you own. The company has been adding more assets in the west and he believes there will be more growth. 3.1% yield. This is a buying opportunity.
DON'T BUY
Has always thought that for a utility company it is quite expensive at 20X earnings. Doesn't really grow at 20%, so she doesn't see the point of owning it.
PAST TOP PICK
(A Top Pick Sept 5/06. Up 1.5%.) Canada's growth utility stock. The theme was yield and this paid 3.3%. Made a good acquisition, which will lead to accretive earnings. Good growth potential.
HOLD
A long-term hold. Was bid up to a very high level at the beginning of the year but is now coming down to a more reasonable price.
BUY
Interest-rate sensitive, so the stock has been dropping. Good stock for long-term investors. Dividend increase has been very strong.
BUY
Highly recommend it. One of the best names in the Canadian landscapes, and he thinks it's a buy.
DON'T BUY
It's a great company, but doesn't feel you should pay the current price ratios for it.
BUY
Canada's growth utility. Has grown across the country, into the Caribbean and also into the US. Had to issue a lot of stock to pay for their acquisitions and it takes the market time to churn through it. Should have good upside from here.
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